Director Penalty Notices – Unpaid company taxes

Most people who operate a company believe they are personally protected – that their company’s debts remain with the company and that they are not liable for these debts. However, under the director penalty notice (DPN) legislation in Australia makes directors personally liable for certain company tax debts.

Until recently, directors were only personally liable for Pay-As-You-Go (PAYG) withholding and superannuation guarantee (SG). However recent legislation has introduced goods and services tax (GST) as being subject to the DPN regime.

If your company has not paid these tax liabilities when they become due, you become personally liable to pay these taxes. This could personally bankrupt you.

The best way to overcome this is to ensure that your company pays its SG, PAYG and BAS as they become due and payable.

If your company is having difficulties paying its taxes we can assist in arranging a payment plan or suggest ways of dealing with the unpaid taxes.

Chapeau! as they say in French thank you

Dear Tania,

From my first contact with yourself and your firm, I knew I had contacted the right people to assist me in reviewing an ATO audit decision. How did I know that? I strongly felt that I would comfortably accept whatever outcome it may be, even if it was not the best, feeling confident that you and your team of experts would provide the best possible advice and chance to resolve the matter. Furthermore I also felt that you and your team do care about their clients and was impressed by your commitment. Was I right? Yes I was, your team achieved the best outcome that could have been expected: a win!

Dear Keerti, Your dedication to resolving my taxation matter in the best possible way (“fighting tooth and nail” as you said) was remarkable and to say the least very much appreciated. You were approachable and always available for comments or explanations. Although it can be challenging, you were soon familiar with all the details of the evidence. Above all you were able to secure a win. I would have no hesitation whatsoever to recommend you.

Chapeau! as we say in my native French as a mark of gratitude and respect.